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Foreign Exchange-Low-040118 PDF
Foreign Exchange-Low-040118 PDF
EXAMINATION OBJECTIVE:
The objective of the course is to make the bank officials familiar with Foreign Exchange
operations. This exam is being introduced pursuant to the recommendation of a committee of
RBI.
ELIGIBILITY: Open for employees working with Authorised Dealer (AD) Member Banks of
FEDAI.
SUBJECT OF EXAMINATION: Foreign Exchange Operations
PASSING CRITERIA: Minimum marks for pass in the subject is 50 out of 100
MEDIUM OF EXAMINATION:
Examination will be conducted in English only.
PATTERN OF EXAMINATION:
(i) Question Paper will contain 100 objective type multiple choice questions for 100 marks.
(ii) The examination will be held in Online Mode only.
DURATION OF EXAMINATION:
The duration of the examination will be of 2 hours.
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STUDY MATERIAL / COURSEWARE
Candidates to contact FEDAI (Foreign Exchange Dealer's Association of India) office
through their bank branch / office and place order for study material. The same will be
sent to the respective bank branch / office. Candidates can also buy the same by
visiting personally to the office of FEDAI office on production of ID card.
Candidates should not deposit Cash directly in the account of FEDI under any
circumstances.
FEDAI STUDY MATERIAL
• The cost for the full set is Rs.1,500/-. No individual books will be provided.
• Please provide us full Office Address with Pin Code, Tel. No. and Mobile No.
in case of courier / postal delivery. Delivery of books will be processed only
after we get all required details.
• After making payment, please send UTR No. and date of credit from your
bank's official ID to e-mail ID: book@fedai.org.in. Also all further
communication to be done on the same email address.
• Delivery of books might take upto 15 days after receiving the payment /
complete office address and other details.
Please place your order in the following format:
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Name
Candidates are advised to make full use of the courseware. However, as banking and
finance fields are dynamic, rules and regulations witness rapid changes. Therefore, the
courseware should not be considered as the only source of information while preparing
for the examinations. Candidates are advised to go through the updates put on the IIBF
website from time to time and go through Master Circulars / Master Directions issued
by RBI and publications of IIBF like IIBF Vision, Bank Quest, etc. All these sources are
important from the examination point of view. Candidates are also to visit the websites
of organizations like RBI, SEBI, BIS, IRDAI, FEDAI etc. besides going through other
books & publications covering the subject / exam concerned etc. Questions based on
current developments relating to the subject / exam may also be asked.
Cut-off Date of Guidelines / Important Developments for Examinations
The Institute has a practice of asking questions in each exam about the recent
developments / guidelines issued by the regulator(s) in order to test if the
candidates keep themselves abreast of the current developments. However, there
could be changes in the developments / guidelines from the date the question
papers are prepared and the dates of the actual examinations.
In order to address these issues effectively, it has been decided that:
(i) In respect of the examinations to be conducted by the Institute for the period
February to July of a calendar year, instructions / guidelines issued by the
regulator(s) and important developments in banking and finance up to 31st
December will only be considered for the purpose of inclusion in the question
papers".
(ii) In respect of the examinations to be conducted by the Institute for the period
August to January of a calendar year, instructions / guidelines issued by the
regulator(s) and important developments in banking and finance up to 30th June
will only be considered for the purpose of inclusion in the question papers.
The table given below further clarifies the situation.
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SYLLABUS
The details of the prescribed syllabus which is indicative are furnished in the booklet.
However, keeping in view the professional nature of examinations, all matters falling
within the realm of the subject concerned will have to be studied by the candidate as
questions can be asked on all relevant matters under the subject. Candidates
appearing for the examination should particularly prepare themselves for answering
questions that may be asked on the latest developments taking place under the
various subject/s of the said examination although those topics may not have been
specifically included in the syllabus. The Institute also reserves to itself the right to
vary the syllabus / rules / fee structure from time to time. Any alterations made will be
notified from time to time. Further, questions based on current developments in
banking and finance may be asked.
Candidates are advised to refer to financial news papers / periodicals more
particularly “IIBF VISION” and “BANK QUEST” published by the Institute.
DETAILS OF PRESCRIBED SYLLABUS :
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b) UCP 600, eUCP version 1.1
c) ISBP - ICC PUB. 745, URBO - ICC PUB. 750, URDG 758
d) DOCDEX Rules - ICC PUB.
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examination hall whether in switch off mode or silent mode shall also be
deemed to be resorting to adoption of unfair means in the examination.
3. Use of calculator
a. Candidates will be allowed to use battery operated portable calculator in the
examination. The calculator can be of any type up to 6 functions, 12 digits.
b. Attempt to use any other type of calculator not complying with the
specifications indicated above or having more features than mentioned
above shall tantamount to use of unfair means. Scientific calculator is
not allowed.
4. Other Rules / Information
a. Candidates should ensure that they sign the Attendance Sheet.
b. Candidates are advised to reach the Examination Venue before the
reporting time mentioned in the admit letter. No candidate/s will be
permitted to enter the Examination Venue after the gate closing time
mentioned in the admit letter.
c. No candidate will be permitted to leave the examination venue in the
first 60 minutes from the scheduled start time of the examination.
d. Candidates should occupy the seat mentioned against each subject in
the Admit letter.
e. Candidates would be able to login to the system only with the password
mentioned in this Admit Letter. This password should not be disclosed
to others. Keep it safe to avoid the possible misuse.
f. If the examination could not commence on scheduled time or there is
delay due to Failure of power, Technical snag of whatsoever nature or
for any such reason having bearing upon the conduct of examination;
candidates have to :-
Wait till resumption of power supply / solving of technical snag.
Take-up the examination at other venue arranged by the
examination conducting authority.
Follow instructions given by the examination conducting authority.
g. Candidates are required to strictly follow all the instructions given by
the examination conducting authority during the examination and
adhere to Rules of the examination.
h. Violation of any of the Rules / Instructions, misuse of the Admit Letter
will be considered to be an act of serious misconduct and the Institute
will take action as per the Rules of the examination, which will also be
reported to the employer of the candidate.
5. Rules, Penalties for Misconduct / Unfair Practices:
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b. Copying answers from other candidates / other printed / Electronic
material or permitting others to copy or consultation of any kind will
attract the rules relating to unfair practices in the examination.
c. No candidate shall impersonate others or allow others to impersonate
himself / herself at the examination.
d. No candidate shall misbehave / argue with the Examination Conducting
Authorities at the centre.
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CONTACT DETAILS :
Register your queries through website www.iibf.org.in > Members / Candidates
Support
Services (Help)
or
Email all your queries to care@iibf.org.in
Member Support Service Office :
Indian Institute of Banking & Finance
191-F, Maker Towers, 19th Floor,
Cuffe Parade, Mumbai - 400 005
Tel. : 022-2218 3302 / 2218 5134
For training / contact classes related queries contact :
Leadership Centre
Indian Institute of Banking & Finance
Kohinoor City, Commercial-II, Tower-I, 3rd Floor,
Kirol Road, Off L.B.S.Marg, Kurla West, Mumbai 400 070.
Tel. : 022 25039746 / 9604 / 9907
E-mail : training@iibf.org.in
PROFESSIONAL DEVELOPMENT CENTRES :